https://www.taxtmi.com/caselaws?id=345373 In valuing captively consumed cotton yarn, includible cost is confined to the stage at which the excisable product comes into existence, so post-spindle manufacturing processes are excluded from the assessable value. Applying that principle, the appellate authority accepted the assessee's valuation and rejected the Revenue's attempt to recompute duty under the valuation rules. The differential duty demand, along with interest and penalties, was therefore held unsustainable, and the relief granted to the assessee was sustained. en-us Wed, 14 Jun 2017 00:00:00 +0530 Sat, 26 Aug 2017 11:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345373 In valuing captively consumed cotton yarn, includible cost is confined to the stage at which the excisable product comes into existence, so post-spindle manufacturing processes are excluded from the assessable value. Applying that principle, the appellate authority accepted the assessee's valuation and rejected the Revenue's attempt to recompute duty under the valuation rules. The differential duty demand, along with interest and penalties, was therefore held unsustainable, and the relief granted to the assessee was sustained. Case-Laws Central Excise Wed, 14 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345373